Thread: Iraq/Dinar News. 09/05 to 01/14/07

[QUOTE=cigarman;138042]Sounds like Iraq is just playing the countries for full debt relief. I think once they get it we will see our reval. Hopefully Dec 12th at the latest.
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so that means longer we have to wait, the more we get when its announced.

more debt forgiven = higher revalue amount.

iraq are still crying poor until all debt is forgiven. i think you will find that is the main reason for all the delays, that and corruption.

we may be impatient and all that, but i think if we could be a fly on the wall at the meetings by the group who decide about the reval, the projected figure could easily be now up around the 1 dinar = 1.85 USD mark.

maybe some of the rumoured amounts and dates have been what was talked about, but not adopted, because they are hanging in there for a) get bushs cronies out of both houses, make it look like iraq has failed is best way to do that, and b) get max dinar back in, debt forgiven, oil discovered for max leverage.

it is all working out according to the divine plan.

that we can be sure of.

it isnt good for everyone to have those old crusties running the place any more.

all your prayers dont go unanswered - just understand that to god, that divine love which we are all becoming in these final years of earth experience, a year for us is like a split second to Him/Her...

the only question i have regarding all the revelation talk is :

once the meek inherit the earth, do they stay meek??!!

maybe the meek are being faith tested before it they inherit!!!

anyone want to bet that the exchange rate at the CBI moves to 1444 at the auction for Tuesday?

And lets say a volume of 72 million USD

New State Department Releases on the "Future of Iraq" Project


New State Department Releases on the "Future of Iraq" Project

Found this on IIF...

Originally Posted by Dinar-Excited

Hi Worf,

I hope I am right as that would make us a very wealthy. Of course none of us know what is really going to happen. It would make sense ( Of Course we are talkinfg about Iraq.)that they come in fairly high just to curve speculation as when they implement article 8, FIL and HCL they will be fully convertible and open for big business. Why give your amazing resources away for cheap. I think they really are very smart cookies they are making sure they get all the debt relief in position and as much Dinar back into the Country so they can open big. This I believe is a staged process making the World believe we are in great need of help give us debt relief and are Dinars back. Then they are going to bring all of Saddam's treasure from Switzerland and other places he stashed it and be probably the wealthiest County in the World in less than 5 years.

I mean Saddam's Gold toilet must be an absolute fortune especially if you put it on Ebay.

Dinar-Excited

can someone give me a breakdown on the countries that have relieved iraq of their debt, and which ones are left, and the amounts if possible, thx

http://www.gwu.edu/~nsarchiv/NSAEBB/...astructure.pdf


Go to page 21 of this, black and white images but could be something

it's dated 12/02 so it's probably nothing, just thought I'd post it

Originally Posted by worf

Without trying to explain what is, is like one of our former US presidents, I think that when viewing the Iraqi neighborhood there are more neighbors than just Jordan. Yes it is true that Jordan has an exchange rate of 1.40+, Kuwait is 3.20+, Bahrain is ? (I believe it is over 1.00 memory just winked out on me). These countries are neighbors and they are all above 1.00 usd exchange rate. However other neighbors to include Syria, Saudia Arabia, Iran, Turkey, Isreal etc all have exchange rates somewhere around .20 - .30 usd.

Our desire would obviously be for the r/v to be the higher rate of Jordan which also happens to be one of Iraq's main trading partners. But, there are more countries in the neighborhood then just Jordan. By having to start somewhere to be on par with its neighbors why do we automatically default to one of the higher ones, ie Jordan? The thought is you have to crawl before you walk, walk before you run etc.

There is a possibility that they would start parity with the less expensive neighbors and then move up from there would you agree? If not could you direct me to the news article that would seem to indicate they are going for the Jordian rate right off the bat? And in case you are wondering, I can't direct you to a news article that emphatically states they are going to start off with the lesser rate ie Saudia Arabia. Mine is just an opinion based on what I have read here in the forum.

The way I look at it is if I am wrong and it r/vs at 1.47+, then I may need to be resessitated from passing out with shock and joy at our incredible good fortune. If I am right and it r/vs at .30, then I will still be joyfull and not disapointed. The other way however, I for one if I was counting on 1.47+ from the onset, and found it to be .30 instead, I might be disapointed (but still happy).

I can't speak for others but for myself I would rather set the bar lower in the beginning and reach it or exceed it then to set it too high, miss it and become disapointed. Either way, so long as it r/vs in a big way (.30 or higher) I will be very happy.

But just to set the record straight, if it does start at .30 I am hopefull that it won't stay there for long and will continue to increase in value as time goes on reaching past $3, $4, or who knows how high it can really go? We all know the value is there, it just depends on the Iraqis and the rest of the world ( NWO ) how high they will let it go. IMO

worf

actually, in the 2.5 years i have been reading the forums and news articles about iraq i have seen them mention fashioning their economy etc. after jordan more than once. never have i seen another country mentioned when suggesting which neighbor other than jordan. also, if youve read recently the gcc has suggested that the middle eastern countries all raise their values and several are noted as saying they had considered it.

again, as ive said and as others such as adster and ward have stated, with the oil reserves such as they are, and the need to attain gcc status ever looming, the prospects of the iraqis setting a higher rate are quite probable.

BAGHDAD, Nov. 20 (UPI) -- The first foreign firm to enter Iraq's oil market after the war began said a fight over control of Iraq's oil won't harm upcoming the production start.

Helge Eide, chief executive of Norway-based DNO, said production will begin next year from fields in the Kurdistan Regional Government despite a fight between KRG and the central government.

The Iraqi Oil Ministry has said it will decide the fate of deals signed between regions and private companies, citing supreme authority over all Iraq oil.

But the current Iraq Constitution is vague about crude control and the central government has yet to present an oil law.

The KRG has offered a draft bill, which includes methods and boundaries of revenue sharing. No decisions have been made.

"Nobody in central government has told us they are concerned about the legality of these contracts," Eide said.

DNO signed a production-sharing agreement with the KRG and is confident a deal between the central government will be reached.

"We have to rely on KRG to ensure this is in place," Eide said. "According to our understanding they are making good progress."

DNO's Tawke fields are expected to start producing 50,000 barrels per day early next year.

The main export route is on a pipeline from Kirkuk, in the north, to Turkey, but the oil ministry said this weekend attacks have virtually shut down its operation.

DNO said it will build a pipeline to bypass the troubled area.

United Press International - Energy - DNO: Iraq oil spat won't hurt production

Originally Posted by jsfletcher

it's dated 12/02 so it's probably nothing, just thought I'd post it

Also read the notation at the bottom of page 23 (the tax section) it makes reference to the "new currency"

thinking outside the box here, 14 denoms printed 9 in circulation there is 4 shown on this document that makes 13, didn't SGS say there was 1 denom of coins that were stolen before they hit the streets? that would make 14

I know it's thin,

Wednesday, November 15, 2006

Saudi Arabia will press ahead with plans to build a massive security fence
along its borders with Iraq to prevent infiltration of "terrorists," the
interior minister said in an interview published Tuesday.

Construction of the double-track barbed fence, which will be fitted with
remote sensors and thermal cameras, will begin next year, Prince Nayef bin
Abdul Aziz told Al Anbaa Kuwaiti newspaper.

"Authorities in Saudi Arabia have begun the executive measures to build the
largest security fence that extends along the 900-km (562-miles) border with
Iraq," he said.

The fence is a part of a comprehensive security plan to fortify the borders
with Iraq that also involves setting up military bases and other hi-tech
devices.

"The plan will cost 12 billion dollars, including 500 million dollars to
build the fence which will be completed after five to six years," Prince
Nayef said.

The minister declined to reveal the name or nationality of the company
involved in erecting the fence.

The fence will have 135 gates, all monitored with ultraviolet technology to
"prevent the infiltration of terrorists ... and also to halt smuggling of
arms, drugs and persons into the kingdom," Prince Nayef said.

Saudi Arabia, which already has tight measures in place to prevent
cross-border infiltration by Islamist extremists, has often cited threats to
its security posed by militants leaving the country to fight in Iraq.

A number of Saudi fighters have been involved in bloody attacks against
Iraqi and coalition forces in the violence-plagued country.

According to the US army, Saudis comprise nearly 12 percent of the estimated
3,000 foreign combatants fighting on the side of the insurgency in Iraq.

IMRA - Wednesday, November 15, 2006 Saudis pressing ahead with fence on Iraq border: minister